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Jumeirah Living By Select Group Payment plan
AED 7,472,000
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Price & Payment Plan
Plan Structure: Originally 40/60 Developer Plan, Now Sold-Out Resale Market
Jumeirah Living Business Bay was originally sold under a 40/60 construction-linked payment plan. The tower is now sold out and completed, so current purchases are transacted on the resale market, typically settled through cash or mortgage financing at title transfer.
Original developer terms: token fee upon reservation, 20% registration within 14 days, 20% within 6 months, 60% upon completion
Current resale transactions are generally settled in full at title transfer
Bank mortgage financing is available through major UAE banks, typically up to 50-80% loan-to-value depending on residency status and unit price
Standard 4% Dubai Land Department (DLD) transfer fee applies on the transaction
Freehold ownership available to UAE and foreign nationals, with no annual property tax in Dubai
Purchases at or above AED 2 million qualify the buyer for the UAE's 10-year Golden Visa residency programme
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